EghtesadOnline: Implementing standards set by the global anti-money laundering watchdog can help improve Iran’s economic conditions and financial transparency, says an expert, who believes that introducing the required reforms is not a top priority for decision-making authorities.
EghtesadOnline: As per new rule passed by the High Council of Insurance, selling insurance policy online requires official permission from the Central Insurance company of Iran.
EghtesadOnline: The government plans to resume offering its remaining shares in state-owned companies after making some changes governing divestiture of state properties to private firms, the economy minister said.
EghtesadOnline: The European mechanism to facilitate trade with Iran will not work until Tehran sets up a mirror company and meets international standards against money-laundering and terrorism financing, a French diplomatic source said.
EghtesadOnline: So long as gas station attendants' cards are usable, the plan to reintroduce fuel cards cannot be implemented efficiently and transparently, a board member of Al-Zahra University in Tehran said.
EghtesadOnline: The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.
EghtesadOnline: A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture has cast doubt on the efficacy of the new export earning repartition rules and urged the Central Bank of Iran to bear with exporters regarding currency repatriation procedures.
EghtesadOnline: Iran’s central bank has communicated the details of the latest currency repatriation rules that oblige all exporters to repatriate their earnings.
EghtesadOnline: Instructions and charter for private equity funds have been ratified, Iran's Securities and Exchange Organization’s deputy for supervision of financial institutions said.
EghtesadOnline: Iran's private sector remains steadfast in its opposition to recent currency repatriation rules lately adopted by the government with the supposed aim of bolstering currency reserves and fostering trade.